Sec Form 4 Filing - CASH JOHN @ UR-ENERGY INC - 2020-08-21

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
CASH JOHN
2. Issuer Name and Ticker or Trading Symbol
UR-ENERGY INC [ URG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
See Remarks
(Last) (First) (Middle)
10758 W. CENTENNIAL ROAD, SUITE 200
3. Date of Earliest Transaction (MM/DD/YY)
08/21/2020
(Street)
LITTLETON, CO80127
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 08/21/2020 M 11,248 ( 2 ) ( 4 ) A $ 0.5528 ( 3 ) 177,041 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Units (exchange for common stock) ( 1 ) 08/21/2020 M 14,869 ( 2 ) ( 2 ) Common shares 14,869 $ 0 56,731 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CASH JOHN
10758 W. CENTENNIAL ROAD, SUITE 200
LITTLETON, CO80127
See Remarks
Signatures
/s/ L. Charles Laursen pursuant to Power of Attorney 08/24/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each unit is redeemable upon vesting for one common share
( 2 )On August 20, 2018, the reporting person was granted 14,869 Restricted Share Units ("RSUs") vesting in two years. Subsequently, the Compensation Committee made the determinations to satisfy the RSU award by delivering common shares rather than cash. Under the terms of the Ur-Energy Inc. Restricted Share Unit Plan, each Restricted Share Unit awarded under the Plan is redeemed on or within thirty (30) days after the applicable redemption date for cash or common shares, as determined by the Compensation Committee of the Board.
( 3 )The common shares were priced at $0.73 Canadian dollars per share. $0.5528 is the U.S. dollar equivalent of the share price pursuant to the exchange rate as of the transaction date (CDN$ 1.00 = US$ 0.7573), as reported by the Bank of Canada on its website, www.bankofcanada.ca.
( 4 )The 3,621 shares withheld from issuance by the Company were solely for the purpose of satisfying the tax withholding obligation arising in connection with the vesting of the RSUs granted on August 20, 2018 under the terms of the Ur-Energy Inc. Restricted Share Unit Plan.

Remarks:
Vice President of Regulatory Affairs

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